| Qatar’s sovereign-wealth fund participated in a $2.5 billion stock offering by Glencore Plc last month, maintaining its status as the largest investor in the commodities trader, people familiar with the matter said.
Qatar Holding LLC, the direct investment arm of the Gulf state’s sovereign wealth fund, bought 8.9 per cent of the shares offered in the sale to keep its stake in the Switzerland-based company intact, the people said, asking not to be identified as the information is private. Glencore sold the shares at a price of 125 pence per share, meaning Qatar’s fund invested about $225 million in the offering...............................................Full Article: Source
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